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Microsoft Revenue Up 2 Percent, but Profit Drops 12 Percent

Por: The New York Times Business January 25, 2023

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Microsoft on Tuesday reported its slowest growth in six years and cautioned that a broader slump will continue as both consumers and businesses put the brakes on spending.The technology giant said revenue increased 2 percent from a year earlier to $52.7 billion for the three months that ended in December. 12 percent to $16.4 billion. Both were below Wall Street expectations, according to FactSet. Microsoft’s share price initially shot up... + full article



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